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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Dec. 31, 2021
Accounting Policies [Abstract] |
Schedule of Accounts Receivable | Accounts receivable is summarized below:
| December 31, 2021 |  | September 30, 2021
| (In thousands)
Oil, natural gas and NGL sales | $ | 17,562 |  |  | $ | 17,008 |
Joint interest accounts receivable | 409 |  |  | 413 |
Realized derivative receivable | — |  |  | 42 |
Other accounts receivable | 31 |  |  | 10 |
Total accounts receivable | $ | 18,002 |  |  | $ | 17,473 |
Schedule of Other Non-current Assets, Net | Other non-current assets consisted of the following:
| December 31, 2021 |  | September 30, 2021
| (In thousands)
Deferred financing costs, net | $ | 1,345 |  |  | $ | 1,353 |
Prepayments to outside operators | 690 |  |  | 707 |
Right of use assets | 208 |  |  | 309 |
Other deposits | 50 |  |  | 50 |
Total other non-current assets, net | $ | 2,293 |  |  | $ | 2,419 |
Schedule of Accrued Liabilities | Accrued liabilities consisted of the following:
| December 31, 2021 |  | September 30, 2021
| (In thousands)
Accrued capital expenditures | $ | 5,618 |  |  | $ | 9,718 |
Accrued lease operating expenses | 2,534 |  |  | 2,428 |
Accrued general and administrative costs | 3,404 |  |  | 4,375 |
Other accrued expenditures | 1,318 |  |  | 2,834 |
Total accrued liabilities | $ | 12,874 |  |  | $ | 19,355 |
Schedule of Asset Retirement Obligations | Components of the changes in ARO for the three months ended December 31, 2021 and year ended September 30, 2021 are shown below:
| December 31, 2021 |  | September 30, 2021
| (In thousands)
ARO, beginning balance | $ | 2,434 |  |  | $ | 2,326 |
Liabilities incurred | 56 |  |  | 113 |
Liability settlements and disposals | (58) |  |  | (92) |
Accretion | 21 |  |  | 87 |
ARO, ending balance | 2,453 |  |  | 2,434 |
Less: current ARO(1) | (192) |  |  | (128) |
ARO, long-term | $ | 2,261 |  |  | $ | 2,306 |
_____________________ (1)Current ARO is included within other current liabilities on the accompanying consolidated balance sheets.
Disaggregation of Revenue | The following table presents oil and natural gas sales disaggregated by product:
| Three Months Ended December 31, |  |
| 2021 |  | 2020 |  |  |  |
| (In thousands)
Oil and natural gas sales: |  |  |  |  |  |  |
Oil | $ | 50,623 |  |  | $ | 22,107 |  |  |  |  |
Natural gas | 2,705 |  |  | 119 |  |  |  |  |
Natural gas liquids | 3,322 |  |  | 188 |  |  |  |  |
Total oil and natural gas sales, net | $ | 56,650 |  |  | $ | 22,414 |  |  |  |  |
Lease, Right-of-use Asset and Lease Liability |
| December 31, 2021 |  | September 30, 2021
| (In thousands)
ROU asset | $ | 208 |  |  | $ | 309 |
Current lease liability | $ | 212 |  |  | $ | 314 |

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